Commercial real estate in Billings
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Reonomy operates the most comprehensive database for Billings Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Billings commercial real estate professionals. Members from Billings include brokers, investors and service providers, many of whom specialize in Billings Commercial Real Estate.
Billings commercial real estate sold prices and values
The average assessed value of commercial real estate properties in Billings is $14,100.
|Values and sold prices (last 24 months)||United States||Alaska||Billings|
|Average sold price||$1,145,465||$719,204||--|
|Median sold price||$181,234||$312,344||--|
|Number of sales||2,604,484||3,130||--|
|Number of sales over $250k||1,064,359||1,890||--|
|Number of sales over $1m||276,912||217||--|
|Number of sales over $10m||42,225||14||--|
|Average total tax amount||$6,366||$4,545||$183|
|Average assessed value||$265,221||$323,016||$14,100|
|Average market value||$256,770||$315,140||--|
Billings commercial real estate property averages
The average lot size of commercial real estate properties in Billings is 40,075 sf. This is 5% above the Alaska average.
|Property averages||United States||Alaska||Billings|
|Average lot size||901,196 sf||290,947 sf||40,075 sf|
|Median lot size||30,272 sf||38,045 sf||40,075 sf|
|Average building area||1,850 sf||165 sf||--|
|Median building area||59 sf||111 sf||--|
|Median year built||1964||1980||--|
|Average number of units||18||7||--|
|Median number of units||2||2||--|
Billings commercial real estate total supply
There are 1 commercial real estate properties in Billings. This is 199% below the Alaska average.
|Number of parcels||49,845,250||160,445||--|
|Aggregate lot acerage||588,032,026||860,023||--|
|Aggregate building area||7,521,926,741 sf||1,278,474 sf||--|
Billings commercial real estate industrial mortgages
|Number of mortgages||22,265,849||78,585||--|
|Average value of mortgages||$5,727,097||$7,709,160||--|